![RWC Retail](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
Added 2 days ago
IGA Millmerran 25-29 Campbell Street,
Millmerran, QLD 4357
Shops & Retail • Medical & Consulting • Offices
Added 2 days ago
Price information
Sale - Auction Thu 5 Sep
Auction Friday 6/09/24 at 9:45am
Key property information
Land area
Floor area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$90,015
Number of Tenants
2 Tenants
Auction
Private inspections
to arrange a private inspection.
RWC Retail
level 26/111 Eagle StreetBRISBANE CITY, QLD 4000
![RWC Retail](https://i1.au.reastatic.net/170x46-fit/80a60528a30dff41eaf0ab8950d3b0e02e4cd69269f0d98d86264cf065941f8f/large_commercial.jpg)
IGA Millmerran 25-29 Campbell Street
Millmerran, QLD 4357
Map
Entry-Level IGA Investment
RWC Retail are proud to present IGA Millmerran, for sale by Auction on Friday 6th September 2024 at Level 26, 111 Eagle Street, Brisbane City.
|What|
• Fully leased 1,260sqm* retail investment, 90% underpinned by an IGA Supermarket
• Anchored by IGA on a 15 year term to 2029, with an option to 2034.
• Ultra low maintenance investment with just 2 tenants
• WALE of 4.23 years (by area)
• Net Income of $90,015 + GST p.a.
|Where|
• 1,565sqm* land parcel with 2-street frontage in Millmerran
• 80km* West of Toowoomba in the word-renowned Darling Downs region
• Located on the Gore Highway, forming part of the primary inland route between Brisbane and Melbourne
• Soon to be serviced by the federal Inland Rail project, one of Australia's largest infrastructure projects
|Why|
• Anchored by the only full-line supermarket in Millmerran
• Inflation resilient CPI increases for the IGA Supermarket, providing a defensive income profile
• Immediate & long-term rental reversion upside, with the IGA and Tobacconist on very affordable $80/sqm* and $128/sqm* gross rents
|What|
• Fully leased 1,260sqm* retail investment, 90% underpinned by an IGA Supermarket
• Anchored by IGA on a 15 year term to 2029, with an option to 2034.
• Ultra low maintenance investment with just 2 tenants
• WALE of 4.23 years (by area)
• Net Income of $90,015 + GST p.a.
|Where|
• 1,565sqm* land parcel with 2-street frontage in Millmerran
• 80km* West of Toowoomba in the word-renowned Darling Downs region
• Located on the Gore Highway, forming part of the primary inland route between Brisbane and Melbourne
• Soon to be serviced by the federal Inland Rail project, one of Australia's largest infrastructure projects
|Why|
• Anchored by the only full-line supermarket in Millmerran
• Inflation resilient CPI increases for the IGA Supermarket, providing a defensive income profile
• Immediate & long-term rental reversion upside, with the IGA and Tobacconist on very affordable $80/sqm* and $128/sqm* gross rents
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Additional information
External websites
Property ID: 504659936Last Updated: 9 Aug 2024
RWC Retaillevel 26/111 Eagle Street
BRISBANE CITY, QLD 4000
BRISBANE CITY, QLD 4000
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